Additionally it is offering a completion fee free option on selected products across its GEM1 product range.
They have also introduced price reductions of up to 0.5% on all 70% to 75% LTV cases across its range.
The new rates are with immediate effect with rates on its GEM1 range now starting from 3.94%.
Nikki Warren, GE Money Home Lending head of sales, said: “The reduction in rates and completion fee free options has been welcomed by our brokers, and will help provide consumers with much needed savings on mortgage fees and ongoing monthly payments.”
